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Kosovo Seizes Hundreds of ASICs After Bitcoin Mining Ban

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Sun, 01/09/2022 - 13:53
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Alex Dovbnya
Kosovo banned Bitcoin mining last week
Kosovo Seizes Hundreds of ASICs After Bitcoin Mining Ban
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Kosovo, a partially recognized state in Southeast Europe, confiscated 272 different ASICs that were used for mining Bitcoin, according to a police statement issued on Saturday.

The operation also resulted in the arrest of one individual found guilty of authorized mining.

The equipment seized by the authorities consumes the same amount of electricity as 500 houses.

Kosovo announced a blanket ban on cryptocurrency mining last week due to a crippling energy crisis that the partially recognized country faced this winter. It was imposed based on the recommendations of a technical committee.

Several smaller seizures took place earlier this week. 

Mining mostly took place in Kosovo's northern municipalities, in which Serbian people are in the majority. 

Kosovo formally declared independence from Serbia back in 2008.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.